Blog - Page 4276 of 5514

TuesdaySep 23, 2008 2:39 pm

A-Power Energy Generation Systems, Ltd. (APWR) Announces Initial Sales Contract for 2.7MW Wind Turbines

A-Power Energy Generation Systems, Ltd. (APWR), China’s largest provider of distributed power systems and a recent entrant into China’s wind energy market, this morning announced that it has signed a sales contract with China National Control System Corp. (“CACS”) for five 2.7-MW wind turbines for delivery during the fourth quarter of fiscal 2008. These wind turbines are destined for China National’s wind farm projects in Gansu and Inner Mongolia, and will be the first produced at A-Power’s new production facility in Shenyang, China, which has an annual production capacity of 300 2.7-MW turbines and 420 750-kW turbines. “We are excited…

TuesdaySep 23, 2008 2:36 pm

Head of FDIC Calls for Restructured Mortgages

As Congress continued to mull over the proposed $700B relief plan on Tuesday, FDIC Chairwoman Sheila Blair expressed the hope that the acquisition of troubled mortgages "will be a feature of that." So many recent failures in the lending sector has left her and others concerned for the state of the entire housing market. Blair suggested buying delinquent mortgages, and "removing them from the overall pool of mortgages". FHFA director James Lockhart offered another possible solution; less stringent lending standards. By helping more potential homebuyers qualify for loans, he believes that the tumultuous conditions of the mortgage market could be…

TuesdaySep 23, 2008 2:35 pm

GIC Looks to the West – Sees Opportunity

In its first ever annual report, the The Government of Singapore Investment Corp. (GIC) said that it saw plenty of opportunities in America during this time of economic crisis. The GIC, which has around $300 billion in total assets, has agreed to adhere to a voluntary set of standards for sovereign funds, in the hopes that its impending actions would not be seen by Americans as being politically motivated. Said chief investment officer Ng Kok Song, "Problems in the U.S. would present very interesting opportunities in impaired assets." Let us hear your thoughts below:

TuesdaySep 23, 2008 2:34 pm

China Energy Recovery, Inc. (CGYV.OB): Bringing Greater Efficiency to Chinese Coal Plants

During this time of turmoil, there is a great reluctance overtaking many investors, and it can be difficult to draw a positive outlook from the many piles of battered companies. Thankfully, there are always companies like China Energy Recovery ("CER"), whose keen business will be needed and desired no matter what the market conditions present. CER is a Chinese corporation with a progressive technology that strengthens the efficiency of traditional power plants. Electricity is often produced by burning coal to produce steam, which in turn powers a turbine. The problem created by this process is a loss of up to…

TuesdaySep 23, 2008 2:30 pm

Paulson, Bernanke Meet with Resistance During Tuesday’s Congressional Hearing

Attempting to convince Congress of the viability of the $700B bank-bailout, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke were met with skepticism from both parties in Tuesday's hearing. Alabama Republican Richard Shelby called the plan "neither workable nor comprehensive," while Democrat Chris Dodd, chairman of the Senate Banking Committee said, "It does nothing in my view to help a single family save a home." Despite the resistance to the proposed bailout, Ben Bernanke warned of the "very serious consequences" of choosing not to enact the plan. Let us hear your thoughts below:

TuesdaySep 23, 2008 2:30 pm

SkyPostal Networks, Inc. (SKPN.OB) is Growing Smoothly in the Midst of a Changing Mail Industry

In recent years, the mailing industry and the businesses they serve have been seeking new avenues to bring into the mailing process in response to multiple events that have impacted this industry. SkyPostal Networks, Inc. (OTCBB: SKPN) is a Miami-based international mail distribution company with much of their focus on Latin America and the Caribbean (LAC). As a new company entering the fast-paced mailing industry, being the new kid on the block may turn out to be one of the biggest advantages for the company. There have been a surprising number of mergers and acquisitions, alliances and agreements, newcomers entering…

TuesdaySep 23, 2008 11:51 am

RedChip Featured Company: India Globalization Capital, Inc. (IGC)

India Globalization Capital, Inc. (IGC) is a construction and engineering company based out of Bethesda, Maryland. IGC has controlling interest in two India-based businesses, Sricon Infrastructure Private Limited and Techni Bharathi Limited, which form its company infrastructure. Interestingly, IGC is the only company listed and traded in the US with an India-only infrastructure. IGC was created to acquire operating businesses in India through mergers, capital stock exchanges, and asset acquisitions. The company focuses on three areas: civil construction and engineering of high-temperature cement and steel plants, mining and quarrying, and the construction of highways and other heavy construction. IGC retains…

TuesdaySep 23, 2008 11:47 am

Dutton Associates Featured Company: Hydrogen Corp. (HYDG)

Hydrogen LLC, a wholly-owned subsidiary of Hydrogen Corporation (NASDAQ: HYDG), is a manufacturer of multi-megawatt fuel-cell systems utilizing the company's proprietary 400 kilowatt (kW), air-cooled, phosphoric acid fuel cell (PAFC) technology. The technology was developed by the Westinghouse Corporation, which received over $150 million of public and private investments in order to create this state-of-the-art technology. The company's core operational activity involves the manufacturing of 400kW PAFC modules from raw materials at their manufacturing facilities located in Pennsylvania. As the PAFC modules arrive in the field, they must be incorporated with the balance-of-plant (BOP) equipment to construct and operate the…

TuesdaySep 23, 2008 11:20 am

OriginOil Inc. (OOIL.OB) Announces Positive Ground in Algae Technology, Set to Replace Petroleum

OriginOil Inc. (OTCBB: OOIL) has developed an innovative technology that transforms algae into oil through a cost-effective, high-speed manufacturing process that aims to replace petroleum dependence. The company today announced positive results for the revamping of its Helix BioReactor. After “fine tuning” its Helix BioReactor to enhance performance characteristics, OriginOil said it can now commence the design and layout of larger-scale systems, which will help the company identify ways to lower its production expenses. “Discrete testing of each system component is now being performed to ensure better projection of the performance of larger systems,” senior technical advisor Paul Reep stated…

TuesdaySep 23, 2008 11:16 am

Simtrol, Inc. (SMRL.OB) Lets Devices Talk to Each Other

Simtrol, Inc., (SMRL.OB), designs, develops, and markets Windows-based software solutions that help organizations integrate, monitor, and control audiovisual and other equipment used for the communication of internal information, networking otherwise incompatible devices. Simtrol software products impact what is certainly one of the most important aspects of business and organizational operations - the internal communication of ideas and information. The communication of information is an organization’s lifeblood and nervous system. At the heart of business communication is the company meeting, one of several areas of focus for Simtrol. According to the National Statistics Council, 37 percent of employee time is spent…

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